Tuesday, November 29, 2016

Bloomberg: Trump's Disastrous Pledge to Keep Jobs in the U.S.

Bloomberg - Trump's Disastrous Pledge to Keep Jobs in the U.S. http://www.bloomberg.com/view/articles/2016-11-29/trump-s-disastrous-pledge-to-keep-jobs-in-the-u-s

After Trump pledged to keep Carrier jobs in U.S, company says it won’t move nearly 1,000 to Mexico - The Washington Post

Looks like we are in for some deep-fingers social engineering by the executive branch politicians that may rival the Liberals in Ontario.

https://www.washingtonpost.com/news/wonk/wp/2016/11/29/donald-trump-has-reached-a-deal-with-a-manufacturer-to-keep-jobs-from-going-to-mexico/?utm_term=.6b0a4e74d669&wpisrc=al_alert-COMBO-economy%252Bnation

BBC News: US economic growth revised up for third quarter

I saw this on the BBC News App and thought you should see it:

US economic growth revised up for third quarter
The US economy grew at a faster pace than first thought in the third quarter, helped by strong consumer spending.
Disclaimer: The BBC is not responsible for the content of this email, and anything written in this email does not necessarily reflect the BBC's views or opinions. Please note that neither the email address nor name of the sender have been verified.


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Monday, November 28, 2016

Fidel Castro, Cuban Revolutionary Who Defied U.S., Dies at 90 - The New York Times

SNL: Data Dispatch: Top owners of US coal, gas and renewable plant capacity

2017 wholesale gas forecasts at Henry Hub

The US EIA expects that average spot prices at the Henry Hub - a liquid gas trading point often used to set market prices - will increase by more than 20% next year, from $2.51/MMBtu — the lowest in a decade — to about $3.07/MMBtu. As a comparison, Deutsche Bank also expects Henry Hub gas spot prices to rise on average to $3.25/MMBtu, Energy Ventures Analysis puts it at $3.30, and Goldman Sachs predicts $3.15.

US power markets and utilities anticipate this price increase and mild weather, will lead to a decline in revenues and margins in 2017.

Monty Bannerman
ArcStar Energy
+1 646.402.5076
www.arcstarenergy.com

Thursday, November 24, 2016

Bloomberg: China Scales Back Solar, Wind As Transmission Lags

This slowdown in China is the main driver of panel and inverter glut. Chinese companies run a long time without being profitable on easy State lending. Prices have nowhere to go but down.

Bloomberg - China Scales Back Solar, Wind Ambitions as Renewables Cool http://bloom.bg/2fzEi24

Wednesday, November 23, 2016

Offshore developers chase record prices as lower risks attract investors | Wind Energy Update

http://analysis.windenergyupdate.com/content/offshore-developers-chase-record-prices-lower-risks-attract-investors?utm_campaign=WIN+23NOV16+Newsletter&utm_medium=email&utm_source=Eloqua&elqTrackId=6f2decf8e7a64450835ac769250b5e00&elq=39a0b89ff5794ddd9efbc59a1689457f&elqaid=23752&elqat=1&elqCampaignId=10727


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Canadian Solar Reports Earnings

Canadian-Chinese solar company Canadian Solar Inc. (CSI) announced its financial results for the third quarter ended September 30, 2016. Net revenue was $657.3 million, down 18.4% from $805.9 million in the second quarter of 2016 and 22.7% from $849.8 million in the third quarter of 2015. Net income attributable to Canadian Solar was $15.6 million compared to net income of $40.4 million in the second quarter of 2016, and net income of $30.4 million in the third quarter of 2015. Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and third quarter guidance in the range of 1,200 MW to 1,300 MW. »Our solar module shipments and revenue came in at the low end of our guidance, due to the dislocation of the global solar market during the quarter and the quarter-end logistic disruption caused by the bankruptcy of Hanjin Shipping in September,« said Shawn Qu, Canadian Solar´s Chairman and Chief Executive Officer. For the fourth quarter of 2016, the company expects total solar module shipments to be in the range of approximately 1.4 GW to 1.5 GW. Total revenue is expected to be in the range of $600 million to $750 million. The shipment volume in the fourth quarter is impacted by the availability of the company's solar module manufacturing capacities. According to Canadian Solar, the company »is overbooked for the current quarter and fully booked for the first quarter of 2017. As a result, the company has to use third party solar modules for some of its own projects, in order to satisfy the demand from its solar module customers.« The gross margin in the quarter is impacted by the loss-of-service of the company's 1 GW solar cell factory in Funning damaged by a tornado in June and the delay in construction of the company's 850 MW new cell factory in Southeast Asia. The company expects to bring the Funning cell factory partially back in service at the end of the year and fully back in service by June 2017. Meanwhile, the company expects to start production on its new cell factory in Southeast Asia in the first quarter of 2017. For the full year 2016, Canadian Solar expects its guidance for total module shipments to be in the range of approximately 5.073 GW to 5.173 GW, compared to 5.4 GW to 5.5 GW as previously guided. Management expects its revenue under US GAAP for the full year 2016 to be in the range of $2.78 billion to $2.94 billion, compared to $3.0 billion to $3.2 billion as previously expected. © PHOTON

 

 

 

Wednesday, November 16, 2016

SolarReserve's giant CSP project targets California peaks with 10-hour storage | CSP Today

BBC News: Kerry: 'Overwhelming majority' back US climate action

I saw this on the BBC News App and thought you should see it:

Kerry: 'Overwhelming majority' back US climate action
The US secretary of state John Kerry says that the overwhelming majority of US citizens support the US taking action on climate change.
Disclaimer: The BBC is not responsible for the content of this email, and anything written in this email does not necessarily reflect the BBC's views or opinions. Please note that neither the email address nor name of the sender have been verified.


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Monday, November 14, 2016

Thursday, November 10, 2016

BBC News: Trump presidency: Canadians ready to welcome troubled Yanks

I saw this on the BBC News App and thought you should see it:

Trump presidency: Canadians ready to welcome troubled Yanks
Canadians visiting the border town of Niagara Falls weigh in on whether Americans will come north
Disclaimer: The BBC is not responsible for the content of this email, and anything written in this email does not necessarily reflect the BBC's views or opinions. Please note that neither the email address nor name of the sender have been verified.


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Tesla Buffalo gigafactory to combine Silevo, Panasonic HIT solar technologies: pv-magazine

http://www.pv-magazine.com/news/details/beitrag/tesla-gigafactory-to-combine-silevo--panasonic-hit-solar-technologies_100026651/#axzz4PfJyBQht


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Oil giants dig up $1bn for climate change fund, but renewable industry skeptical: pv-magazine

Fossil industry blocking tactic. Well crafted, too.


http://www.pv-magazine.com/news/details/beitrag/oil-giants-dig-up-1bn-for-climate-change-fund--but-renewable-industry-skeptical_100026779/#axzz4PfJyBQht


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BBC News: Brazil's President Michel Temer accused of taking bribe by Dilma Rousseff

Brazil's President Michel Temer accused of taking bribe by Dilma Rousseff - http://www.bbc.co.uk/news/world-latin-america-37945377

* Disclaimer *

The BBC is not responsible for the content of this email, and anything written in this email does not necessarily reflect the BBC's views or opinions. Please note that neither the email address nor name of the sender have been verified.

Trump win clouds US wind outlook just as new data shows rising activity | Wind Energy Update

First Solar and Bloomberg comment on plummeting module prices

Plummeting global module prices prompted First Solar to walk away from module supply opportunities in Q3 2016 which impacted near-term bookings, Mark Widmar, First Solar's Chief Executive Officer, told analysts November 2.

First solar lowered its full-year net sales forecast to between $2.8 billion and $2.9 billion, down from a range of $3.8 billion-$4.0 billion, largely due to the revised sale timing for its California flats and Moapa projects.

The forecast for 2016 operating income was revised upwards, from $205 million-$250 million to $235 million- $255 million, but the company warned challenging market conditions had prompted it to assess its short and long-term strategic response.

Fresh module supply capacity amid dwindling Chinese demand has created an increasingly aggressive module and Power Purchase Agreement (PPA) environment, Mark Widmar, Chief Executive Officer, told analysts.

"As a result of the oversupply and growing inventories, module pricing has declined at a dramatic rate in the third quarter," he said. In the fourth quarter, prices have stabilized somewhat, he noted.

Global module prices have fallen by 26% in the last year, Bloomberg said in October. Many industry experts now estimate module prices at around $0.40 per watt. MB: Maybe US prices due to tariffs, but elsewhere closer to $0.30/W based on hard quotes we have seen or have in hand.

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com

 

Trump win seen as risk to US projects; China cuts solar tariffs | PV Insider

Wednesday, November 9, 2016

Bloomberg: How Trump Can Unravel Obama’s Climate Change Legacy

From Bloomberg, Nov 9, 2016, 3:38:35 PM

The makeup of the U.S. Senate defined President Barack Obama's limited ability to enact energy and environmental policies. The same may be true, though to a lesser extent, for Donald Trump. 

To read the entire article, go to http://bloom.bg/2fZYwpV

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



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BBC News: Climate change: Nations will push ahead with plans despite Trump

I saw this on the BBC News App and thought you should see it:

Climate change: Nations will push ahead with plans despite Trump
Countries say they are prepared to move ahead on climate change without the US if Donald Trump pulls out of the Paris agreement.
Disclaimer: The BBC is not responsible for the content of this email, and anything written in this email does not necessarily reflect the BBC's views or opinions. Please note that neither the email address nor name of the sender have been verified.


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Trump’s sweep could be a big setback to Tesla and Elon Musk - The Washington Post

https://www.washingtonpost.com/news/the-switch/wp/2016/11/09/trumps-sweep-could-be-a-big-setback-to-tesla-and-elon-musk/?wpisrc=nl_tech&wpmm=1

Trump victory could mean big business for K Street Lobbyists - The Washington Post

Trump Win Raises Questions About US Pledge In Climate Deal

http://www.manufacturing.net/news/2016/11/trump-win-raises-questions-about-us-pledge-climate-deal?et_cid=5667928&et_rid=45614407&location=top&et_cid=5667928&et_rid=45614407&linkid=http%3a%2f%2fwww.manufacturing.net%2fnews%2f2016%2f11%2ftrump-win-raises-questions-about-us-pledge-climate-deal%3fet_cid%3d5667928%26et_rid%3d%%subscriberid%%%26location%3dtop

What regulations will Trump roll back on Wall Street? Changes could be a boon to the finance sector. | Crain's New York Business

http://www.crainsnewyork.com/article/20161109/FINANCE/161109830/trump-win-is-heaven-sent-for-the-one-percent#utm_medium=email&utm_source=cnyb-realestate&utm_campaign=cnyb-realestate-20161109

PV Magazine Mobil: US election: solar, renewable and climate advocates cool on Trump win

They are having to work pretty hard to put even this much positive spin on the situation and outlook. See the quote about the death of reason. I would add truth and objective fact to that obituary.

http://m.pv-magazine.com/news/details/beitrag/us-election--solar--renewable-and-climate-advocates-cool-on-trump-win_100026845/

SEIA Statement on Defeat of Florida Constitutional Amendment 1 | SEIA

NTPC awards Thermax and Frenell to execute Asia’s first integrated solar thermal power plant | photon.info

http://www.photon.info/en/news/ntpc-awards-thermax-and-frenell-execute-asias-first-integrated-solar-thermal-power-plant?utm_source=newsletter&utm_medium=email&utm_campaign=PHOTON%20Newsletter%20-%20International%20edition%20from%20November%209%2C%202016&newsletter=PHOTON%20Newsletter%20-%20International%20edition%20from%20November%209%2C%202016

Friday, November 4, 2016

Florida Groups Oppose FPL "Sham" Solar Constitutional Amendment

Brevard County groups: Vote no on solar 'sham' Amendment 1

 Rick Neale , FLORIDA TODAY8:59 p.m. EDT November 3, 2016

 

Buy Photo

(Photo: RICK NEALE/FLORIDA TODAY)

TITUSVILLE — Amendment 1 is a pseudo-solar initiative that was crafted to fool voters and tighten the fossil-fuel energy companies' grip on Florida's electrical grid, a variety of Brevard County groups and companies say.

"Conservatives are opposed. Liberals are opposed. Consumer groups are opposed. Environmentalists are opposed. The solar industry is opposed. Newspapers are opposed," Phil Stasik, president of the Space Coast Progressive Alliance, said during an anti-Amendment 1 news conference Thursday in Titusville.

"It seems that the only group that's supporting this amendment is the group that wrote and is financing the push for it: the monopoly utilities," Stasik said.

Press-conference participants included the progressive SCPA, the nonpartisan League of Women Voters of the Space Coast, the environmentally minded Sierra Club Turtle Coast Group and Marine Resources Council, and private solar companies Clean Footprint of Cape Canaveral and the Melbourne-based Solar Energy Systems of Brevard.

The event took place at the 1903-vintage house of Bill and Betty Young on Indian River Avenue. He is president of the Orlando-based Florida Renewable Energy Association.

 

FLORIDA TODAY

Solar boat showcased during anti-Amendment 1 event

 

Bill Young installed a grid-tied, 2.6-kilowatt photo-voltaic system on the historic home, including solar hot water equipment, in 2004-05. Initially, his electric bill dropped 50 percent. Now, he uses his home solar network to recharge his 2013 Chevrolet Volt — "the sun is filling the batteries," he said.

Young said the language of Amendment 1 opens the door for utility companies to impose "fines, fees and limitations" on homeowners who own solar panels. Specifically, he fears power companies could jack up his nighttime electric rates, nullifying any benefits of owning a solar array.

"I don't want to be fined because I paid money for this," he said, pointing at the solar panels on his roof.

Deborah Longman-Marien, chairwoman of the Sierra Club Turtle Coast Group, labeled Amendment 1 "a wolf in sheep's clothing" that was created and financed by Florida's electric utilities to protect their monopoly markets and limit consumer-owned solar.

"Big utilities have spent over $21 million already on this sham. I personally have received, in my little condo up in Viera, four separate mailings, at least. Maybe five. At least two phone calls on this. And have seen numerous television ads about this. That's big-money backing if you're seeing that many mailings and advertisements," Longman-Marien said.

 

FLORIDA TODAY

Hiaasen: Solar amendment is a ‘wolf in sheep’s clothing’

 

Wes Morrison, Clean Footprint chief of sales and marketing, said his company is installing solar panels all over Massachusetts and Maryland — "and we're locked out of the Florida market."

"This isn't a left-wing thing. This isn't a right-wing thing. This is a truth thing. We're getting tired of being lied to. We're tired of being misled," Morrison said.

On the airwaves, WMMB-AM conservative radio host Bill Mick criticized Amendment 1 on his talk show Thursday morning.

"A lawsuit has been filed to stop Amendment 1 votes from being counted. I like the idea," Mick wrote in a blog post. "The Amendment is deceptive at best and the ads for it are lying to us all." 

Contact Neale at 321-242-3638, rneale@floridatoday.com or follow @RickNeale1 on Twitter

 

FLORIDA TODAY

FLORIDA TODAY: Reject Amendment 1's sneak attack on solar power

 

 

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com

 

Thursday, November 3, 2016

EDF boss says UK taxpayer will not pay for Hinkley overrun - Ha! Sure.

FS does first community solar

MCE sign PPA for First Solar’s 40 MW Little Bear PV plant in California


© PHOTON Pictures - Christian Ditsch

US thin-film module producer First Solar Inc. announced that MCE has entered into a Power Purchase Agreement (PPA) for electricity generated from 40 MW of First Solar's Little Bear solar project in Fresno County, California, USA. The project, designed to be built out eventually to 160 MW, is anticipated to begin construction in 2019, with commissioning expected in 2020. As leading community choice aggregator (CCA) in California, MCE offers their customers the benefits of locally controlled, competitively priced renewable energy options. The Little Bear PPA is First Solar's first with a CCA. In the agreement, MCE will initially purchase electricity from Little Bear's 40 MW first phase, with an option to expand up to the project's full 160 MW as their load increases through potential expansion. More details of the deal were not disclosed. © PHOTON

 

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com